Daily News

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politics

ALONG WITH ELECTRONIC PROCEEDING OF INSOLVENCY CASES, OLD RULE TO BE EFFECTIVE UNTIL SEPTEMBER

Along with electronic system of insolvency case proceeding, old rule will be effective until September 1. The Parliament approved corresponding amendments to law “On Insolvency Case Proceeding” in third (final) hearing on March 7.

economics

ENVIRONMENTAL PROTECTION AND AGRICULTURE MINISTER: FROM THE MIDDLE OF MARCH, MONITORING SYSTEM WILL BE PLACED ACROSS WHOLE TERRITORY OF GEORGIA

From the middle of March, system of brown marmorated stink bug monitoring will be placed across whole territory of Georgia, Minister of Environmental Protection and Agriculture Levan Davitashvili declared. He promised that results of monitoring of this pest, which caused significant loss to the western Georgia in 2017, will be quickly reported to population.

Georgian-Spanish business-forum, held in Spain, was attended by about 150 businessmen, Georgian Partnership Fund reported. According to the Fund, such sectors as agriculture, hotels, production were presented.

REHABILITATION OF ROAD SECTION IN ZHINVALI TO BE FINISHED AT THE END OF SUMMER

Rehabilitation of the 6-km section of Mtskheta-Stepantsminda-Lars highway of international importance is underway in Zhinvali of Dusheti municipality (Mtskheta-Mtianeti region), Roads Department reported.

As the Department noted, the works, which started in summer 2017, will be completed by the end of this summer.

BORDERS OF BAKURIANI RECREATIONAL ZONE ARE APPROVED

The government issued the resolution, which assigns status of recreational zone to mountain resort of Bakuriani and defines its borders.

Besides, Minister of Economy and Sustainable Development approved assignments for Bakuriani recreational territory’s development regulating plan.

business

Today, in the historical area of Tbilisi, Meidan, Maison Boutique Hotel was opened.

According to the Ministry of Economy and Sustainable Development, Spanish and German investments in this hotel, which currently has 14 rooms, exceeded 3.5 million lari.

BENEFICIARY OF “PRODUCE IN GEORGIA” PROGRAM TO BE DECLARED BANKRUPT

Kutaisi city court ruled that LLC Tsageri Wine Factory will be declared the bankrupt through cancellation of registration, if creditor of the company not applies within 1 month with request of insolvency proceeding launch.

Secured creditor of Tsageri Wine Factory is the state budget (debt – 5,169 lari), while unsecured creditor – the Economy and Sustainable Development Ministry’s Agency Produce in Georgia (125,125 lari).